North Dakota

Admittedly, that headline is hyperbole, but the fact is North Dakota's oil production is rising at an impressive clip. On Tuesday, the state's Industrial Commission said oil producers operating there pumped an average of 510,000 barrels per day in November 2011. That's up from 360,000 barrels per...

Could the Nordic model of economics used in Scandinavian countries be emulated in the US? I believe that under the right circumstances and with the proper conditions, bringing the Nordic model to the US is possible. The Nordic model used in the US could be quite advantageous and beneficial to...

Oil production in N. Dakota set more monthly records in August: 1. A new record for monthly production: 13,768,395 barrels, a 34.6% increase from last August .  In just a little more than two years (since June 2009), oil production has doubled in North Dakota (see chart above). 2. A new record...

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If there's any doubt that domestic drilling of oil and gas generate huge and significant positive economic benefits (more jobs, income, output and tax revenues, stable/rising housing prices, etc.), the booming economy in North Dakota provides a convincing case study.  The Peace Garden State's...

Today on CNBC, Jim Cramer said that if President Obama were to come out right now and say two things: (1) that Gaddafi should resign immediately or we're gonna make that happen with our allies, and (2) we're not going to let the pump go too high, “the market would be up 10%.” Cramer stressed that...